Campbell & CO Investment Adviser LLC Acquires 16,826 Shares of Greenbrier Companies, Inc. (The) $GBX

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Greenbrier Companies by 210.1% in Q1, now owning 24,835 shares worth approximately $1.27 million.
• Greenbrier Companies reported strong earnings for the last quarter, with $1.86 earnings per share, significantly above analysts' expectations, and revenue of $842.70 million.
• The company announced a quarterly dividend of $0.32 per share, representing an annualized yield of 2.7%, with a payout ratio of 18.13%.

Campbell & CO Investment Adviser LLC grew its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 210.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,835 shares of the transportation company's stock after purchasing an additional 16,826 shares during the period. Campbell & CO Investment Adviser LLC owned approximately 0.08% of Greenbrier Companies worth $1,272,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GBX. Envestnet Asset Management Inc. grew its position in shares of Greenbrier Companies by 9.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock valued at $397,000 after purchasing an additional 548 shares in the last quarter. MetLife Investment Management LLC grew its position in shares of Greenbrier Companies by 7.7% during the 4th quarter. MetLife Investment Management LLC now owns 18,515 shares of the transportation company's stock valued at $1,129,000 after purchasing an additional 1,320 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Greenbrier Companies by 89.6% during the 4th quarter. Hsbc Holdings PLC now owns 18,252 shares of the transportation company's stock valued at $1,112,000 after purchasing an additional 8,627 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Greenbrier Companies by 11.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,844 shares of the transportation company's stock valued at $1,150,000 after purchasing an additional 2,008 shares in the last quarter. Finally, Quarry LP raised its position in shares of Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after buying an additional 366 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the transaction, the director directly owned 2,141 shares of the company's stock, valued at $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James R. Huffines purchased 2,500 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $44.84 per share, with a total value of $112,100.00. Following the purchase, the director directly owned 13,909 shares of the company's stock, valued at $623,679.56. This trade represents a 21.91% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 11,379 shares of company stock valued at $595,213 in the last three months. Corporate insiders own 1.78% of the company's stock.

Analyst Upgrades and Downgrades

GBX has been the topic of several research reports. Susquehanna raised their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd. Wall Street Zen cut shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Greenbrier Companies currently has a consensus rating of "Hold" and an average price target of $59.50.

Greenbrier Companies Trading Down 0.7%

Shares of Greenbrier Companies stock traded down $0.34 during trading on Monday, reaching $46.68. The company's stock had a trading volume of 231,206 shares, compared to its average volume of 275,950. Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 1.30 and a beta of 1.72. The firm's 50-day moving average is $48.25 and its two-hundred day moving average is $48.07. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The company had revenue of $842.70 million during the quarter, compared to analysts' expectations of $785.72 million. During the same quarter in the prior year, the company earned $1.06 EPS. The firm's revenue was up 2.7% on a year-over-year basis. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, July 17th. Greenbrier Companies's payout ratio is presently 18.13%.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.